JUDr. Jan Langmeier has been working as an insolvency administrator since 2015. In 2019, he founded JUDr. Jan Langmeier company Langmeier & Co., insolvency administrators v.o.s., in which he cooperates with other experienced insolvency administrators.

What you should know about insolvency

Act No. 182/2006 Coll., on Bankruptcy and Methods of Solving it (Insolvency Act), recognizes the following forms of bankruptcy: insolvency, over-indebtedness and imminent bankruptcy. In all three cases, it is a situation where the debtor is unable to repay his debts properly and on time.

The goal of insolvency proceedings is to choose a method of settling debts in such a way that all the debtor's creditors are satisfied proportionately and as much as possible. Insolvency thus offers debtors the opportunity to reduce and settle their debts and achieve a „fresh start“, at the same time it allows creditors to enforce payment (at least part) of their claims. The solution to bankruptcy is debt relief, bankruptcy and reorganization.

More about insolvency

JUDr. Jan Barák

Insolvency – inability to pay

It occurs if the debtor has multiple creditors and if he has obligations more than 30 days past due and is unable to fulfill them. The inability to fulfill one's obligations may occur if the debtor stops paying a substantial part of his monetary obligations or fails to fulfill his obligations for more than 3 months. The reason for insolvency is also the impossibility of achieving satisfaction of the debtor's claim through execution or enforcement of the judgment.


A debtor who is a legal entity or an individual entrepreneur becomes overindebted if he has multiple creditors and the total value of his liabilities exceeds the value of his assets.

Impending decline

These are situations where it can be reasonably assumed that the debtor will not be able to repay a substantial part of his debts.

Our Services in Insolvency

Debt relief

Debt relief is a bankruptcy resolution process regulated by the Insolvency Act.

Reorganization of the company

This is a method of resolving bankruptcy in which the operation of the debtor's business is preserved.


It is a liquidation method of resolving insolvency for both individuals and legal entities.

Liquidation of the company

This is the process of winding up a company, which is carried out by an appointed liquidator.

Insolvency Team

Our office provides legal services in the field of insolvency through an experienced team composed of four insolvency administrators and several insolvency specialists. One of our team members holds special authorization.

Meet Our Team

Contact Us

If you need assistance, do not hesitate to contact us. Our insolvency specialists are at your disposal.

Contacts and Locations

We are a part of the AEQUITAS Group.
Aequitas Group